If you’re looking to buy in ST KILDA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $1,315,000 over the last year.
With a net change of 1674 people, ST KILDA 3182 has grown considerably when compared to other suburbs in VIC.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,121 which is $506 more every month. As a percentage rise, this makes ST KILDA, 3182 the number 1237th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ST KILDA, 3182 should have seen some difference. While the latest census median annual household figure income is now $75,972, it was $56,841 back in 2006, which is a net increase of $19,130 Subtract from that the median mortgage repayment increase of $6,072 and a mortgage broker’s clients could be up to $13,058 better off each year even without factoring in mortgage rate cuts.